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Everyone loves a WTI bounce, but $CL /USDT is screaming for a SHORT at 75.72.
$CL /USDT - SHORT
Trade Plan:
Entry: 75.53 – 75.91
SL: 77.56
TP1: 74.34
TP2: 73.43
TP3: 72.05
Why this setup?
RSI on 15m is neutral at 53, but the 4h bias is SHORT with 55% confidence. ATR on 1h is tight at 0.76, suggesting a breakout is imminent. Entry zone is 75.53-75.91, with TP1 at 74.34—a 1.8% drop before the next resistance. The 1D trend is range-bound, so this is a momentum play, not a trend reversal.
Debate:
Are you shorting the 75.72 fakeout or waiting for a retest of 77.56?